Tech Company Financing Transactions
Altair Semiconductor Funding Round
On 7/1/2013, Altair Semiconductor received $25 million in investment from Bessemer Venture Partners, BRM Capital and Giza Capital.
Transaction Overview
Company Name
Announced On
7/1/2013
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Altair will use the capital to further strengthen its leadership position in the single-mode LTE market as well as to support high volume product deployments from its largest customers.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
1400 Preston Rd. 400
Plano, TX 75093
USA
Plano, TX 75093
USA
Phone
Website
Email Address
Overview
Altair is a fabless semiconductor company based in Israel that is developing state of the art, ultra low power mobile WiMAX silicon solutions optimized for handsets and handheld devices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oded Melamed
Chief Financial Officer
Yaniv Reinhold
Chief Technical Officer
Yigal Bitran
VP - Engineering
Nohik Semel
VP - Human Resources
Shlomit Semel
VP - Marketing
Eran Eshed
VP - Sales
Chee Kwan
Browse more venture capital transactions:
Prev: 7/1/2013: Flexible Medical Systems venture capital transaction
Next: 7/1/2013: Factor.io venture capital transaction
Share this article
Where The Data Comes From
We report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs